Part V

Part V refers to Part V of the Planning and Development Acts 2000 to 2021. The purpose of Part V is for the State to capture a portion of the increase in land value resulting from the granting of planning permission for residential development. The current Part V legislation provides for local authorities to acquire 20% of this land at existing use value and to utilise this land to deliver homes to those households who qualify for social and affordable housing support. The use of the land for the delivery of social, affordable purchase and cost rental housing satisfies a policy objective of encouraging integrated development and reducing housing segregation.